Roma President James Pallotta said a stadium announcement will be made soon, while selling Erik Lamela and Marquinhos was a good deal.

The Boston-based patron spoke at a panel for the Bloomberg Link Sports Business Summit in New York.

“We made an effort to strengthen a couple positions, but also get some veterans. Last year we bought a 17 year old player from Brazil for $3m and we sold him to PSG for $30m-something one year later and ploughed that back into three or four players including (Kevin) Strootman who is the captain of the Dutch team, for much less money.

“While Tottenham sold their player for €100m, then we sold a player named Lamela who is 21 years old for €35m the other day.”

Pallotta also confirmed work on building a new stadium for the Giallorossi is progressing very well.

“We have been working for 18 months in building our stadium in Rome. We currently play in the Olympic Stadium which was built in the early 60s.

“It’s 80,000 people at the end of the day and you’re not on the pitch because you have a track around it, so it’s not the best fan experience.

“We’re about to build a new stadium with 60,000 people in three years, we’ll have some big announcements in the next couple of months, Nike will build a superstore, we’ll build a Hall of Fame. The cost? I don’t want to say it…”